Japan reported a trade surplus of JPY 301.9 billion in April 2026, compared to a deficit of JPY 149.5 billion in April 2025, significantly exceeding expectations for a JPY 29.7 billion deficit.
This surplus is the largest since November, with exports
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Cloudflare (NET) cratered 20% during Friday morning market action after issuing its first-quarter results and guidance and announcing a 20% reduction to its workforce.
However, financial firms were mostly upbeat on the report, finding the reduction in workforce, or RIF, will help improve the
Kath Cross, 49, and her partner Stu Hall, 47, sold most of their possessions and set off on a van life adventure across Europe and beyond after Kath’s daughters moved out of the family home
A couple of drove around the world have named their favourite place(Image: Kath Cross)
A couple who flogged all their belongings to explore the globe in a van have disclosed their top destination from their remarkable journey.
Kath Cross, 49, and her partner Stu Hall, 47, chose to embark on worldwide travels after Kath’s daughters from an earlier relationship, Stephanie, 30, and Jessica, 22, had flown the nest. Following their departure, Kath came to the realisation that she could work from wherever she fancied and opted to sell much of what she owned.
Using the proceeds from flogging items on Facebook Marketplace, she and Stu purchased a van, a 7.5m Mercedes Sprinter, and set off to see the world after vacating their rented property in Cardiff, Wales.
Since departing, they’ve weathered the highs and lows of perpetual life on the move, while also lending a hand to others during their travels.
Chatting to WalesOnline, Kath and Stu, who crossed paths through a walking club, revealed which country had impressed them most during their adventure, reports the Express.
The duo have journeyed through destinations including Spain, Germany, the Netherlands, Denmark, Italy, North Macedonia, Kosovo, and Montenegro, amongst other European nations.
They selected Morocco as their standout location, saying: “In Morocco we went to the edge of the Sahara. We were sitting looking over the edge on the sand dunes drinking coffee from a mug from home – it was huge.
“Then we had snow in the Atlas mountains in January 2024 when we rescued Mohammed, ‘MouMou’, who was stuck 3,000m up in the snow in his car. We took him out with our snow chains and lent our snow chains to him. MouMou is in his late 20s and a really nice guy.
“We were just heading over the Atlas mountains when we saw him. People were just driving past him worrying he was a bandit when he just couldn’t drive on.”
However, Kath and Stu aren’t the only ones to have embraced van life, with the likes of Suzy Greenwood ditching her London job to live on the road after falling head over heels for the lifestyle.
Suzy, 39, had spent 15 years forging a career in PR before deciding to make the leap once the Covid-19 lockdowns had lifted. Confronted with her flat in Shepherd’s Bush, London, she told the Independent she realised she was “no longer doing the things I loved” in London.
After offloading her two-bedroom flat, she purchased a converted Volkswagen Caddy van and embarked on a fresh chapter. She revealed that despite the van’s compact size, it carries several distinct advantages, not least the financial savings.
She explained: “The van itself is tiny, which is great because I can park up anywhere. It looks like a workman’s van, so I can sleep in a lay-by, or at beautiful spots overlooking the sea.
“Where I once spent maybe £200 on a fancy dinner, I can now spend £10 on a whole weekend and be having the time of my life. The life I live now really doesn’t cost very much at all.”
Seoul – Shekinah Yawra had no other option but to spend the night at a South Korean jjimjilbang, a 24-hour bathhouse, after every hotel near central Seoul sold out in late March.
But sleep was secondary for the 32-year-old Filipino who had made her way to Seoul’s Gwanghwamun Square at 7am to secure a spot in a crowd that city officials estimated would grow to hundreds of thousands.
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All this was for a glimpse at the seven-member K-pop supergroup BTS, who returned to the stage on March 21 after almost four years away from the limelight for their staggered, mandatory military service.
Though she failed to secure one of 22,000 free tickets for BTS’s first return concert in the square, Yawra was still ecstatic to stand on the sidelines and watch the concert live on a big screen set up for the occasion.
“We all came just for this,” she told Al Jazeera, recounting how friends had flown in from the Philippines for a single night to catch the concert.
Worldwide, more than 18.4 million viewers tuned in for the Netflix livestream of the concert.
Kpop group BTS perform during ‘BTS The Comeback Live Arirang’ concert in central Seoul, South Korea, March 21, 2026 [Kim Hong-ji/Pool/Reuters]
With an estimated 30 million fans worldwide – who refer to themselves as the BTS ARMY – the K-pop group is the most visible symbol of “Hallyu”, or the “Korean Wave”, and the global surge of interest in South Korean popular culture and the financial revenues being generated as a result.
In late March, BTS’s 10th studio album, Arirang, topped the charts in the United States, Japan and the United Kingdom, the world’s three largest music markets. The group’s upcoming world tour is expected to generate more than $1.4bn in revenue across more than 80 shows in 23 countries.
Domestically, inbound tourist numbers for the first 18 days of March rose 32.7 percent from the previous month, according to Ministry of Justice data, as the return concert approached and hotel prices surged across central Seoul amid the demand for rooms.
In the week leading up to the concert, sales of BTS merchandise – from BTS glow sticks to blankets – surged 430 percent at the Shinsegae Duty Free retail outlet in central Seoul, the company said.
Over the concert weekend, revenues also rose 30 percent at the city’s Lotte Department Store and 48 percent at Shinsegae overall, compared with the same March weekend a year earlier, in 2025.
Fans cheer before the BTS The Comeback Live Arirang concert as they wait near the concert venue, in central Seoul, South Korea, on March 21, 2026 [Kim Hong-ji/Reuters]
As far back as 2022, the Korea Culture and Tourism Institute (KCTI) – a government-sponsored think tank and research organisation – estimated that a single BTS concert in Seoul could generate up to 1.2 trillion won ($798m) in overall economic impact.
KCTI researcher Yang Ji-hoon told Al Jazeera that a sample study of the crowd at the BTS comeback event at Gwanghwamun Square highlighted the uniqueness of fandom-driven tourism. More than half of those at the concert were foreign visitors and many required long-haul travel to attend.
“In Europe and the United States, travel tends to be concentrated within its own regions,” Yang said.
“So, for people to overcome such travel barriers and come to South Korea, it usually requires more than just ordinary motivation or typical spending – it’s not something that happens easily,” he said.
K-pop’s transition to the global mainstream
The scale of BTS’s return to the entertainment world reflects a broader state-backed strategy.
When music promoter Hybe requested Seoul city support for the Gwanghwamun square comeback concert, authorities approved it on public-interest grounds, treating the event as a showcase of national cultural influence.
Almost befitting an official event, more than 10,000 state personnel were deployed for security, logistics and crowd control.
According to data retrieved by South Korean publication Sisain, through a public information disclosure request to the Seoul government, close to 130 million won ($87,400) of city funds were spent as part of logistics for the comeback concert.
South Korean government support for BTS has a precedent.
As members of the boyband approached South Korea’s mandatory military service age, policymakers debated special exemptions for members of BTS, which was estimated to have generated $4.65bn annually to the country’s economy.
After BTS’s forthcoming concerts in Mexico City sold out in just 37 minutes, Mexican President Claudia Sheinbaum urged South Korea’s President Lee Jae Myung to “bring the acclaimed K-pop artists more often”, noting nearly one million fans in Mexico had attempted to secure 150,000 tickets.
South Korea’s cultural influence is also extending beyond music.
South Korea’s cosmetics exports surpassed $11bn last year, according to global accountancy firm PricewaterhouseCoopers (PwC), overtaking France in cosmetics shipments to the US, while South Korean food and agricultural exports reached a record $13.6bn, according to data from the Ministry of Agriculture, Food and Rural Affairs.
KCTI researcher Yang described the growing interest as a phase of “transition to the global mainstream”, where South Korean products are internationally recognised and content output is measured against worldwide benchmarks such as the Billboard charts and the Academy Awards.
He also warned that structural reform is now essential to keep pace with the wave of interest in South Korea.
“As the industries expand in scale, they must also evolve in its underlying systems, infrastructure, and workforce,” he said.
“Rather than focusing solely on direct financial support, future governmental policies should move toward strengthening foundational conditions – such as improving labour environments, addressing unfair practices, building relevant infrastructure, and establishing more robust statistical and data systems,” he said.
Politicians appear to be paying attention.
During his election campaign last year, President Lee framed the next phase of cultural expansion as “Hallyu (Korean Wave) 4.0”, with promises to grow the sector into a 300 trillion won ($203bn) industry with 50 trillion won ($34bn) in exports.
In line with this vision, the government set the budget to bolster “K-content”, support the “pure” arts sector and strengthen the overall culture-related fields at a record 9.6 trillion won ($6.5bn) — reflecting the president’s view of the cultural sector as a strategic national industry rather than merely a consumer market.
South Korea’s strategy appears to be paying off.
South Korea now ranks 11th globally in “soft power”, according to Brand Finance’s Global Soft Power Index, placing the country as both “influential in arts and entertainment” and “products and brands the world loves”, just behind the US, France, the United Kingdom and Japan.
The darker side of K-pop: Pressure to become a perfect idol
Amid its global success, the darker side of the K-culture industry has received more scrutiny.
Mega-promoter Hybe has been embroiled in a prolonged dispute with K-pop’s New Jeans, a band considered to be a potential heir to BTS and their all-female colleagues Blackpink. The highly public legal dispute that started in 2024 highlights industry tensions over creative control and artist autonomy.
Since the early 2000s, K-pop has also grappled with the legacy of “slave contracts”, or highly restrictive agreements limiting artists’ freedom. Although reforms by the Fair Trade Commission have improved protections for performers, contractual obligations in the K-pop industry are exacting on new performers and their strict work routines have long been documented.
From their trainee years, aspiring idols endure gruelling schedules that involve long workdays and little sleep.
Many top stars often face contractual restrictions on socialising, using their phones or dating. They are also typically limited in what they can say publicly, relying on agency-managed messaging to communicate with fans and the media.
While the rise of social media and other online platforms has opened new avenues for more direct expression and interaction in recent years, concerns over burnout and depression have continued to shadow the industry, with several high-profile stars taking their own lives.
Beauty standards associated with the K-culture genre have also become another flashpoint for controversy.
A 2024 report by South Korean economy news site Uppity found 98 percent of 1,283 respondents born between 1980 and 2000 viewed physical appearance as among the most desirable “social capital” an individual can possess.
Nearly 40 percent of respondents in the survey had undergone cosmetic procedures, while more than 90 percent held neutral or positive attitudes regarding undergoing medical procedures to enhance beauty.
According to the International Society of Aesthetic Plastic Surgery, South Korea has the world’s highest rate of procedures, with 8.9 per 1,000 people compared with 5.91 per 1,000 people in the US and just 2.13 per 1,000 in neighbouring Japan.
Yoo Seung-chul, a professor of media studies at Ewha Womans University in Seoul, said that K-culture has reinforced the normalising of beauty as a significant metric of personal and social value.
“K-culture has reinforced systems and structures around self-expression,” Yoo told Al Jazeera.
“With the rise of webtoons that incorporate themes like plastic surgery, there has been a noticeable reduction in the stigma towards going under the knife among younger audiences in their teens and early twenties,” Yoo said, explaining that popular plastic surgery platforms such as Unni have further normalised the trend by connecting people to clinics and reviews of these clinics and their surgeons.
At the same time, globalisation has reshaped the K-culture industry itself. Many new K-pop acts now include international members to broaden appeal.
Hybe has expanded this strategy through its US subsidiary, Hybe America, producing globally oriented groups like Katseye, which only has one South Korean member in its six-member girl group.
The shift has prompted debate.
Even BTS’s latest album Arirang – a nod to South Korea’s most iconic folk song – has divided fans over its use of English lyrics and foreign producers.
“K-content is being designed with global audiences in mind from the outset. In film, there has been a noticeable rise in genres like horror and science fiction, which are easier to export internationally,” Yoo said.
“This global orientation is also reflected in K-pop agencies recruiting foreign members for idol groups,” he said.
But international audiences do not always prefer highly globalised versions of Korean content, Yoo said, adding, in fact, that many are drawn to K-pop’s “sense of locality”.
As audiences increasingly seek authenticity, Yoo argues the industry faces a defining challenge.
“Industries and companies need to figure out how to preserve a sense of local identity while effectively marketing to global audiences,” Yoo added.
“Striking that balance will be crucial in shaping the next phase of Korea’s cultural exports.”
The longest sea crossing connects three major cities
14:54, 27 Apr 2026Updated 14:54, 27 Apr 2026
The Hong Kong-Zhuhai-Macau Bridge is the longest ever sea crossing on record(Image: CHUNYIP WONG via Getty Images)
Stretching 34 miles across the Pearl River Delta, the Hong Kong-Zhuhai-Macau Bridge holds the record as the longest sea crossing ever constructed, connecting the southern Chinese cities of Hong Kong, Zhuhai and Macau. The 55km structure took nine years to build at a cost of approximately £15bn.
It has dramatically cut journey times between the three cities, transforming what was once an hour-long ferry trip into a drive of roughly 40 minutes. The bridge forms part of a broader initiative to strengthen transport links across the Greater Bay Area, a region the Chinese government is nurturing into a major economic powerhouse.
By connecting Hong Kong and Macau more directly with cities in Guangdong province, the crossing is designed to boost trade and movement throughout the region. Its construction incorporates several key elements, including a series of long-span bridges, man-made islands and connecting roads.
The main section features three navigation channel bridges – Jiuzhou, Jianghai and Qingzhou.
This was constructed to permit large vessels to pass through one of China’s most heavily trafficked shipping zones.
Engineers were required to contend with challenging conditions, including regular typhoons and a demanding marine environment, reports the Express.
The bridge employs single-column piers embedded in the seabed to minimise disruption to water flow and reduce the impact on local wildlife, including the Chinese white dolphin.
The three principal bridges feature cable-supported structures, each boasting a distinctive tower design.
These were designed to provide the crossing with a uniform yet diverse aesthetic, especially considering its prominence from land, sea and air.
The Jiuzhou Bridge maintains its original sail-shaped towers after modifications during the detailed design stage.
Engineering consultancy Arup played a role in various aspects of the scheme, including preliminary design work, artificial island construction and significant road and tunnel connections on the Hong Kong and Macau sides.
Further infrastructure associated with the crossing encompasses boundary crossing facilities and links such as the Tuen Mun-Chek Lap Kok Link, assisting in incorporating the bridge into the broader transport network.
Since its inauguration, the bridge has emerged as a vital route within the region’s transport infrastructure, demonstrating both the magnitude of China’s infrastructure objectives and the practical requirement for quicker links between its major urban centres.
COLUMBUS, Ohio — As President Bush was out promoting his stalled plan to allow drilling in an Alaskan wildlife refuge, the leader of a Senate committee said Wednesday that he would try a new strategy to navigate the proposal through Congress.
Senate Budget Committee Chairman Judd Gregg (R-N.H.) said he would add into a budget bill a measure to allow companies to drill for oil and gas in Alaska’s Arctic National Wildlife Refuge.
Because Senate rules treat the budget measure differently from other legislation, successfully attaching the drilling provision to it means it could pass with support from 51 senators. That would end opponents’ chances to block the drilling measure with a filibuster. A filibuster would force supporters to find 60 votes.
In 2003, Senate Democrats and several Republicans blocked a proposal for drilling in the refuge by a vote of 52 to 48. The GOP has gained four seats in the Senate since then, giving them 55.
Traveling to Ohio, Bush toured a technology development institute and made his first major speech on energy in his second term, calling on Congress to adopt his energy policy.
“We have had four years of debate about a national energy bill,” Bush said. “Now is the time to get the job done.”
The president called for greater reliance on coal and nuclear power, as well as for greater efforts at conservation and the modernization of the energy infrastructure. He said the U.S. could achieve all of that while remaining a good steward of the environment.
The energy bill before Congress includes a number of politically popular features, such as requiring greater use of ethanol, an alternative fuel made from corn. It also has measures that supporters say would strengthen the nation’s electric grids and prevent fuel shortages and price spikes, such as those that occurred during California’s electricity crisis in 2000 and 2001.
Bush’s speech comes at a time when gas prices have been rising — to an average of nearly $2 per gallon nationwide as of Monday, according to Energy Department figures. Retail prices on average are 26 cents higher than at this time last year. Prices in California are nearly $2.23 on average.
The president said that “higher prices at the gas pump and rising home heating bills and the possibility of blackout are legitimate concerns for all Americans. And all these uncertainties about energy supply are a drag on our economy…. To meet America’s energy needs in the 21st century, we need a comprehensive national energy policy.”
White House Press Secretary Scott McClellan told reporters that Bush remained opposed to tapping the Strategic Petroleum Reserve as a way to increase supply and cut prices. Some Democrats have called for releasing oil from the reserve, which they say could be replaced after prices decline.
Speaking about plans to drill in the Arctic refuge, Bush said the Department of Energy believed the effort would yield 10 billion barrels from “a small corner” of the reserve — “just 2,000 acres,” or roughly the size of the airport here in Ohio’s capital. By using innovative techniques, he said, such development would have “almost no impact” on the land or local wildlife.
He noted that no nuclear power plant had been ordered since the 1970s, and declared: “It’s time to start building again,” adding that decades of experience and advances had proven the reliability and security of nuclear power.
Bush, whose environmental policies have been condemned by groups such as the Sierra Club, renewed his push for energy legislation just as Congress was preparing to take up one of his most controversial initiatives: opening a portion of the Arctic National Wildlife Refuge to oil and gas exploration.
“The votes are extremely close,” Senate Minority Leader Harry Reid (D-Nev.) said. He called Gregg’s maneuver to attach the drilling approval to the budget bill an aberration of the budget process.
By contrast, Sen. Pete V. Domenici (R-N.M.), chairman of the Senate Energy and Natural Resources Committee, welcomed Gregg’s approach. He told the Budget Committee, of which he is also a member, that “the cleanest energy development in the world” was proceeding in the North Slope, near the Arctic reserve.
Energy legislation has been one of Bush’s priorities virtually from the day he took office, during the California energy crisis. An energy bill that included measures to promote conservation and production passed the House in 2003, but fell two votes short of overcoming a filibuster in the Senate.
A significant hurdle to passage of an energy bill is a dispute over whether it should limit manufacturers’ liability in lawsuits over the controversial fuel additive MTBE, or methyl tertiary butyl ether.
Senators from states contaminated by the fuel additive — including California’s Democratic senators and New Hampshire’s Republican senators — have objected to the provision, complaining it could force their taxpayers to pick up the tab for cleaning up the contamination.
But House Majority Leader Tom DeLay, whose home state of Texas has been a big producer of the fuel additive, has insisted on the liability shield.
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Chen reported from Columbus and Simon from Washington. Times staff writer Joel Havemann in Washington contributed to this report.